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Beyond Purchase Section Overview

Published
October 30, 2023
Updated
November 4, 2024

"Ownership is not about possession, but responsibility.”

-Naveen Jain

Welcome to the final section of this course: Beyond the Purchase.

Description

Learn about the practical aspects of co-ownership you'll need to navigate and how these impact your overall success as shared homeowners.

Why It’s Important

Co-ownership is the main event. Co-buying leads to co-ownership: once you close your purchase and take possession of your new home, you and your co-buyer(s) become co-owners.

Success is determined over the long haul. In that sense, co-ownership is similar to getting married. The decision-making, planning, and making it official all lead up to the partnership period and the journey ahead.

It's critical to set up a robust framework for co-ownership, starting with alignment. It's equally important to manage all the moving parts as a team actively over the entire co-ownership period.

What You’ll Learn

Co-ownership involves numerous moving parts. While covering every aspect of co-ownership is beyond the scope of this course, we'll highlight some of the most pressing topics and considerations.

Outcomes

By the end of this section, you'll have a head start on unpacking the core components of successful co-ownership.

Note: This section builds on several of our blog posts. We provide links in the Section Review and encourage you to check them out.

Matt Holmes and Pam Hughes are co-founders of CoBuy, Inc.

Course Authors

Matt Holmes (LinkedIn) is co-founder and CEO of CoBuy, formed in 2016 to unlock homeownership for everyone. Before hopping a flight to Seattle to start CoBuy with his mother, Matt worked in investment banking and financial markets in London for a decade. He holds degrees from University College London (BSc Economics) and ESCP Business School (Masters, London & Turin).

Pam Hughes (LinkedIn) is Co-founder and COO at CoBuy. She has over 40 years of experience across finance, real estate, insurance, and construction. Pam has committed to personal empowerment through financial education for decades, which inspired her to start CoBuy with her son in 2016. She's best friends with a small dog known as Francis.

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